Vincent H. S. Lo Quotes


Democracy sounds good but it doesn’t always bring results …. I don’t think I would invest as much money as I am in developing a city in a democracy.


Context

Business has trouble coping with uncertainty. The short term advantage of fascist states is that they can provide what appears to be more certainty. The Chinese communist system has a similar governmental control, hence Mr. Lo’s preference. Of course the big risk is that dictatorial governments without freedom may collapse or be over thrown. As much as many businesspeople prefer the certainty of totalitarianism, the has been far more business success in the democracies of the world and the U. S. alone with its uncertainty has produced more profits than all the dictatorships and autocracies in history put together.


Citations

Vincent H. S. Lo, Chinese Financier & Developer, The Discovery Channel, Ted Koppel—China, July 26, 2008

Sourced by: Eigen's Political and Historical Quotations

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